For years, Fatimata Lonfo worked up to three jobs at once to support her family. Looking for more stability in a career she could control, Fatimata decided to open her own business. She knew that in order to accomplish this goal, she would need to save money. And saving money meant managing her cash wisely through basic money management practices.
"When I want something, I will do whatever it takes to get it," Fatimata says.
Although money was tight, Fatimata was careful about spending and cut back on unnecessary purchases. In three years, she was able to save enough to rent and stock her first storefront, Windyla's Boutique and Hairbraiding Salon. A loan from ACCION helped her buy hairbraiding supplies. Fatimata now relies on her business to provide for her three children, the oldest of which started community college this past fall.